Adelis Equity Partners

Valamis is a developer of a digital learning platform that aims to enhance workforce development and address various organizational challenges. The platform supports diverse learning methods, including formal, informal, social, and microlearning, and provides comprehensive content authoring and management tools. Valamis integrates advanced analytics through the xAPI standard and features a built-in Learning Record Store, allowing users to track and analyze their learning processes effectively. It offers an economic solution for organizations looking to upskill their workforce and manage global learning and development initiatives. Valamis serves various sectors, including finance, insurance, complex manufacturing, and professional services, aligning learning experiences with business objectives.

Kanari is an independent provider of information technology performance solutions, specializing in monitoring, measuring, and analyzing IT performance across various sectors, including finance, manufacturing, retail, and energy. Established in 2011 and headquartered in Oslo, Norway, with additional offices in Sweden, Denmark, and Finland, Kanari enables large Nordic enterprises to gain control over their IT infrastructure and enhance the quality of their IT services. The company offers stability and performance analytics, application performance monitoring, and predictive analytics to prevent incidents and facilitate digital transformation. Kanari, formerly known as Red Ocean Technology AS until its rebranding in August 2020, serves as an "auditor" of IT environments, helping clients consolidate applications and automate tasks.

Axentia Technologies AB, founded in 2004 and located in Linköping, Sweden, specializes in the manufacture and supply of autonomous real-time display systems for the public transportation sector. The company offers a range of products, including the iBus display, which provides real-time information services, along with accessories such as text-to-speech systems and digital timetables. Additionally, Axentia Technologies develops connected, low-power electronics designed for mobile network communication and FM data broadcasting. Its expertise extends to creating display systems tailored for public transport as well as cost-efficient alarm systems for rescue organizations.

Ropo Capital specializes in financial business process outsourcing, focusing on comprehensive invoice lifecycle management services. The company provides a range of solutions that cover invoice delivery, receivables management, ledger management, and financing, all through digitized processes and agile business models. By automating the entire billing process, Ropo Capital enables both small businesses and large corporations to reduce manual work, enhance cash flow, and improve customer experiences. With a commitment to innovation, Ropo Capital aims to transform the billing industry and ensure that businesses remain competitive and resilient in the future.

Ordrestyring.dk provides order management system for craftsmen. In 2011, Carsten Rasmussen founded Ordstyryring.dk. One man got a handful of customers who were willing to use the new program, even though it was still under development. The project took off speed, for Carsten Rasmussen sensed that the craftsmen were in need of an hourly management system.

Didriksons AB, founded in 1913 in Borås, Sweden, originally specialized in workwear for fishermen and has since evolved into a leading brand in Scandinavia for rain and functional clothing. The company manufactures a wide range of garments, including sets, tops, bottoms, coveralls, and accessories for women, men, youth, and children. Didriksons caters to various customers, including outdoor enthusiasts such as hunters, golfers, and fishermen, providing them with high-quality, durable apparel. The company primarily sells its products through stores in Sweden, maintaining a strong presence in the functional wear market.

Hantverksdata Sverige AB develops and supplies software and services for construction and service sectors. It develops management software for electrical, plumbing, painting, and glass industry. It also provides industrial solution in the form of alarms, flooring, sheet and vent, cold, and lift. The company was founded in 1971 and is based in Danderyd, Sweden.

Søgemedier is a nationwide media agency, with offices in Aarhus and Copenhagen. They specialize in optimizing small and medium business marketing, so they get the most power out of their marketing budget. Their business advisers have an overview of what marketing channels, your business should take advantage of. Their advice is impartial - they get no commission from ad providers! They find the solution that is best for your business. They negotiate your contracts with external partners and ad providers, or provide a proposal for what their media house can offer you the online marketing.

Nordentic is at the leading edge in implementing new technologies and materials, and from its experienced team, the Company delivers the highest level of expertise across all different areas of dental prosthetics.

AddPro offers application and cloud integration services. AddPro is a fast growing knowledge-based company that builds digital highways and develop smart, flexible and cost-effective IT systems.

Knightec is a consulting firm that specializes in technology and digitalization services, focusing on innovation to enhance everyday life. The company offers comprehensive research and development services, guiding clients through the entire process from idea generation to the delivery of quality-assured, connected products. Knightec serves a diverse range of industries, including telecommunications, life sciences, automotive, defense, energy, and packaging. By introducing new business models based on customer value, the firm aims to improve product profitability and ensure quality assurance for its clients.

Quattro Mikenti Group offers HVACE as well as sprinkler installation services in Finland and Russia. The group consists of 13 specialized subsidiaries and is one of the largest technical building services contractors in Finland. The group employs over 450 technical building services specialists.

The combination of IT Relation, Front-data and DSI-NEXT, we have made four investments and three add-on acquisitions in Denmark since establishing Adelis less than three years ago. We are impressed by the three companies’ niche focus on small businesses, their consistent growth, and their strong cultures that make them leaders in this industry,” said Steffen Thomsen of Adelis. “This acquisition creates a strong platform for growth. We have experience with similar companies where we have focused on finding the best platform in terms of a scalable business model combined with a strong company culture and a skilled management team,” Joel Russ of Adelis added. ###The three businesses will continue activities under their own brands as part of the IT Relation Front-data Group### and have access to capital and knowledge that will make it possible to accelerate their positive business development.

SSI Diagnostica A/S, founded in 1998 and based in Hillerød, Denmark, specializes in the development, production, and sale of in vitro diagnostic products. The company serves various sectors, including clinical microbiology, veterinary diagnostics, food safety, and environmental and hygiene control, catering to both domestic and international markets. SSI Diagnostica's product offerings include antisera and culture media, manufactured at its own facility, as well as blood products sourced from its own farm. The company was formerly part of Statens Serum Institut, a public entity under the Danish Ministry of Health, and has established a global presence in the diagnostic industry.

We are a Swedish company founded in 1967 and was the first in Sweden with the idea to offer brand-independent solutions to the real estate market. This pioneering spirit, we are building ever further on with the help of our expertise and curious people.

Puuilo Oy is a Finnish discount retailer that operates a chain of stores offering a diverse range of products. Founded in 1982 and headquartered in Kajaani, the company specializes in non-food items, including tools, machinery, household goods, gardening supplies, pet food, and various seasonal products. Puuilo caters to customers looking for affordable options for do-it-yourself projects and home renovations, as well as leisure and car accessories. With its focus on providing a wide selection of practical items at competitive prices, Puuilo has established itself as a notable player in the retail sector.

Intersport Sweden is a retail chain specializing in sports apparel and equipment, established in 1974 and headquartered in Taberg, Sweden. The company operates a network of stores that provide a diverse range of products for various sports, including soccer, hockey, and cricket, among others. By offering a wide selection of sporting goods, Intersport Sweden aims to meet the needs of its customers, ensuring they have access to the appropriate equipment for their activities.

Med Group Oy is a healthcare company based in Vantaa, Finland, specializing in a wide range of services including ambulance, medical, oral healthcare, and home care. The company provides emergency ambulance services, responding to medical emergencies and facilitating non-emergency patient transfers. It offers comprehensive medical services across various sectors, including basic health care, school health services, maternity clinics, child health care, and elderly care. Additionally, Med Group provides personal assistant services, patient transport both domestically and internationally, and medical assistance for travelers, which encompasses consultations, treatment monitoring, and return transportation arrangements if necessary. The company also engages in public sector medical training, offers around-the-clock consultation and assistance, and supplies medical kits for first aid. Serving a diverse clientele that ranges from children to seniors, Med Group is committed to delivering essential healthcare services throughout Finland. Founded in 2007, the company has established a robust presence in the Finnish healthcare landscape.

Green Team Group offers christmas tree seedling and decoration services.

NGI A/S manufactures a range of machine feet in stainless steel and reinforced polyamide for adjustment, stabilization, and vibration absorption of all types of machines and equipment.

Logent AB is a logistics service provider based in Stockholm, Sweden, with an additional office in Lillestrøm, Norway. Founded in 2006, the company offers a wide range of services, including logistics operations, transport management, customs services, and staffing solutions. Logent specializes in staffing for warehousing, distribution, and industrial sectors, as well as recruitment of executives and specialists in supply chain management and logistics. The company also provides expertise in warehousing and distribution through both outsourcing and insourcing, alongside consultancy services and port and terminal development. With a focus on flexibility and sustainability, Logent caters to diverse logistics needs while ensuring effective management and operational efficiency.